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7404 16th Avenue

Burnaby

5 Bed, 3 Bath House

$1,299,000

DESCRIPTION

This income producing home (2 tenants) is the only property in this row not owned by The City of Burnaby! With rezoning applications already tabled this 66’x90’ lot is the perfect holding property. Collect rent from upstairs and down from long term tenants until the remaining lots are tendered or sold by the City. Current applications for neighboring properties and new City Policy include redevelopment up to 6-stories, 177 residential rental units with a 3.15 FSR. Past applications have called for medium-density townhouse development.

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AT A GLANCE

MLS® # R2463199
Subarea Edmonds BE
Home Style 2 Storey w/Bsmt.
Beds 5
Baths 3
Size 2,887 sqft
Lot Size 5,940 SqFt.
Lot Dimensions 66.00 × 90
Built 1924
Taxes $5,231.12 in 2019

MAP

7404 16th Avenue, Burnaby BC V3N 1P1 near 16th Ave & Humphries Ave in Edmonds BE

LISTING BROKERAGE

RE/MAX Colonial Pacific Realty

TO VIEW CONTACT

Les Twarog
BC Condos & Homes
Re/Max Crest Realty
les@bccondos.net
Phone: 604-706-1760

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DISCLAIMER

Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.

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